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New orders for manufactured durable goods in March, down following three consecutive monthly increases, decreased $36.6 billion or 14.7% to $212.6 billion, down from the previously published 14.4% decrease.
Stoneburner was previously at Motion Industries, where he most recently served as the senior VP - Eastern US Branch Sales and Operations, Mergers and Acquisitions.
All but one participant in the Pandemic Revenue Index realized a sales decline year over year, with a maximum decline of 43%. We now have six weeks of double-digit average declines.